Crypto analyst Unipcs (Bonk Guy) has predicted the following meme coin that can replicate the latest Dogecoin worth rally. The analyst rightly referred to as the Dogecoin surge above $0.4 whereas predicting that the foremost meme coin might nonetheless attain $1.
FLOKI Is The Subsequent Meme Coin To Observe Dogecoin Worth
In an X submit, The Bonk Man said that FLOKI could be the following meme coin to observe the Dogecoin price. He defined that FLOKI’s chart has traditionally mirrored the DOGE chart, which signifies that it shouldn’t be lengthy earlier than it replicates the Dogecoin worth rally of just about 150% within the final seven days.
The Dogecoin worth has added virtually $40 billion to its market cap throughout this era. In the meantime, Bonk Man famous that FLOKI continues to be a fraction of DOGE’s market cap and has barely moved. Nevertheless, the crypto analyst advised that FLOKI’s rally might occur unexpectedly and catch many market members unaware.
He famous how he predicted the Dogecoin worth rally for weeks and saved getting ignored till the explosive transfer lastly occurred. As such, the crypto analyst believes that market members ought to place themselves now as an alternative of ready for the explosive transfer to start after which begin scrambling for a late entry.
Bonk Man is assured that the Dogecoin worth might rise greater from its present stage. Nevertheless, he advised that betting on FLOKI could be a greater wager. He claimed that traditionally, betting on betas has resulted in much more upside in a bull run and in a parabolic development just like the one that’s taking place proper now. The crypto analyst additionally talked about BONK and D.O.G.E as the 2 different doge betas that buyers ought to take into account betting on.
BONK Will Additionally DOGE Observe Quickly Sufficient
Bonk Man additionally supplied a bullish outlook for BONK, predicting that the Solana meme coin will quickly observe the Dogecoin worth. He remarked that many are taking without any consideration the truth that BONK is the one different meme coin listed on Coinbase in addition to Dogecoin and Shiba Inu. He added that it is usually the one new meme coin on the platform.
That is vital since BONK might get numerous publicity on Coinbase, which might result in huge adoption. Bonk Man additionally highlighted the truth that BONK is the one meme coin with an Trade-Traded Product (ETP). That’s one other issue that would enhance the meme coin’s adoption, particularly amongst institutional buyers.
The Solana meme coin already seems to be nicely primed for this rally, as Bonk Man revealed that it simply broke out of a one-year consolidation sample. Due to this fact, greater costs could also be imminent, with the meme coin mirroring the Dogecoin price rally. In step with this, the analyst opined that BONK will pull the “mom of all rallies and liquidate a unprecedented quantity of shorts very quickly.”
Featured picture created with Dall.E, chart from Tradingview.com